There's a payroll wizard to set up the Statewide transit tax. The tax calculation started on July 1, 2018. We're analyzing the impact of adopting an administrative rule that requires statewide transit tax wages and withholding to be reported in Box 14 of the W-2. This tax must be withheld on: (1) wages paid to residents of Oregon regardless where they work; (2) wages paid to nonresidents of Oregon while they are working in Oregon; and (3) periodic pension payments made to Oregon … May 8, 2018 – The 2017 Oregon Legislature passed House Bill 2017, which includes a new statewide transit tax that becomes effective July 1, 2018.Oregon employers will be required to start withholding an additional 0.1% for the statewide transit tax from the wages of Oregon residents and nonresidents who perform services in Oregon. A Statewide transit tax is being implemented for the State of Oregon. ?There isn't currently a requirement to report the statewide transit tax on the Form W-2. Go to Payroll Info. The statewide transit tax is calculated based on the employee’s wages as defined in ORS 316.162. Select Taxes. If the Oregon Statewide Transit tax is not showing on your employee's paycheck, verify if the employee info contains the tax item: Go to the employee center, select the employee and edit employee. On July 1, 2018, employers must start withholding the tax (one-tenth of 1 percent or .001) from: Wages of… Where does the new statewide transit tax get reported on the Form W-2? The Oregon legislature recently passed House Bill (HB) 2017, which creates a new statewide transit tax on Oregon residents and nonresidents working in Oregon to fund state highway upgrades. The transit tax will include the following: The tax rate is 0.10 percent. Parts of HB 2017 related to the statewide transit tax were amended in the 2018 session. About the tax The 2017 Oregon Legislature passed House Bill (HB) 2017, which included the new statewide transit tax. As we previously reported, legislation enacted in 2017 created the new payroll tax on Oregon residents and nonresidents working in Oregon to fund state highway upgrades. Employees become subject to this new tax on July 1, 2018. Effective July 1, 2018, employers must begin withholding the new 0.1% Oregon statewide transit tax from the wages of Oregon residents (regardless of where the work is performed, provided the employer has nexus) and the wages of nonresidents who perform services in Oregon.. Nonresidents Don't file Form OR-STI if all of your wages are taxable to Oregon AND all of your employers withheld the full tax in Box 14 of your W-2. (1) An employer required to withhold and remit statewide transit taxes to the department under ORS 320.550 (Tax on wages) must submit a statewide transit tax return and any schedules required to be filed with the return by the due date in section (4) of this rule. Employers are responsible for: withholding the tax from employee wages, reporting the taxes withheld on a quarterly … July 1, 2018: Under Oregon's new Statewide Transit Tax, employers must start withholding the tax (one-tenth of 1 percent or 0.1%) from wages of Oregon residents (regardless of where the work is performed) as well as wages of nonresidents who perform services in Oregon. Part-Year Residents There is no maximum wage base. The statewide transit taxable wages field will still exist as an optional field in the Department's manual entry, spreadsheet import, and bulk filing options. The tax, which amounts to one-tenth of a percent (.001) of wages, must be withheld from the wages of all employees who provide services in Oregon, whether or not they are Oregon residents. If your out-of-state employer doesn't withhold the tax from your wages, you must file Form OR-STI, Statewide Transit Individual Tax Return and pay the tax due by April 15, 2021. The 2017 Oregon Legislature passed House Bill (HB) 2017, which included the new statewide transit tax.
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